First Quarter Fiscal 2025 Earnings February 5, 2025 Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. References in this presentation to "Qualcomm" may mean Qualcomm Incorporated, Qualcomm Technologies, Inc., and/or other subsidiaries or business units within the Qualcomm corporate structure, as applicable. Note Regarding Forward-Looking Statements In addition to historical information, this document and the conference call that it accompanies cont ...

Qualcomm surpassed expectations in its latest earnings report, achieving record revenue and earnings amid continued diversification in key segments.Wireless technologies specialist Qualcomm (QCOM 1.63%) reported fiscal 2025 first-quarter earnings on Wednesday, Feb. 5, that topped analyst consensus top- and bottom-line estimates. Adjusted EPS soared to $3.41, exceeding the analyst estimate of $2.96. Revenue reached $11.67 billion, topping the predicted $10.91 billion. The quarter highlighted significant grow ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _____________________ (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 29, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number 0-19528 QUALCOMM Incorporated (Exact name of registrant as specified in its charter) Delaware 95-3685934 ...

Financial Performance - Qualcomm reported record revenues of $11.7 billion for Q1 Fiscal 2025, a 17% increase from $9.9 billion in Q1 Fiscal 2024[1] - GAAP diluted EPS was $2.83, up 15% from $2.46 in the same quarter last year, while Non-GAAP diluted EPS increased by 24% to $3.41 from $2.75[2] - Total revenues for the three months ended December 29, 2024, were $11,669 million, a 17.5% increase from $9,935 million for the same period in 2023[18] - Operating income increased to $3,555 million, up 21.4% from $2,928 million year-over-year[18] - Net income for the period was $3,180 million, compared to $2,767 million in the prior year, reflecting a 14.9% increase[18] - Basic earnings per share from continuing operations rose to $2.86, up from $2.52, representing a 13.5% increase[18] Revenue Breakdown - QCT revenues reached $10.1 billion, representing a 20% growth compared to $8.4 billion in Q1 Fiscal 2024, with handsets revenue at $7.6 billion, up 13%[3] - Automotive revenue surged by 61% to $961 million, while IoT revenue grew by 36% to $1.5 billion[4] - QCT revenues for Q2 FY25 are expected to be between $8.9 billion and $9.5 billion, while QTL revenues are projected to be between $1.25 billion and $1.45 billion[7] Future Projections - For Q2 FY25, Qualcomm estimates GAAP revenues between $10.3 billion and $11.2 billion, with Non-GAAP revenues projected between $10.2 billion and $11.0 billion[7] - The company aims to achieve $22 billion in non-handset revenues by fiscal 2029, reflecting its commitment to diversification initiatives[2] Shareholder Returns - The company returned $2.7 billion to stockholders, including $942 million in cash dividends and $1.8 billion through share repurchases[5] - The company repurchased $1,750 million of common stock during the quarter, up from $784 million in the same period last year[20] Expenses and Cash Flow - Research and development expenses were $2,230 million, an increase of 6.4% from $2,096 million in the previous year[18] - Net cash provided by operating activities was $4,587 million, significantly higher than $2,949 million in the same quarter last year[20] - Capital expenditures for the quarter were $277 million, compared to $214 million in the prior year, indicating a 29.5% increase[20] Assets and Taxation - The total assets of Qualcomm increased to $55.6 billion as of December 29, 2024, compared to $55.2 billion at the end of the previous quarter[14] - The effective tax rate for the quarter was impacted by a $164 million foreign currency loss related to a noncurrent receivable[29]

Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period.Here's how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29:Earnings per share: $3.41, adjusted, vs. $2.96 estimatedRevenue: $11.67 billion vs. $10.93 billion estimatedRevenue in the quarter rose 18% from $9.92 billion a year ago. Shares rose over 1% in extended trading. For the March quarter, Qualcomm said it expects revenue of between $10.2 bill ...

Qualcomm Inc QCOM will release its first quarter fiscal 2025 financial results, after the closing bell, on Wednesday.Analysts expect the San Diego, California-based company to report quarterly earnings at $2.96 per share, up from $2.75 per share in the year-ago period. Qualcomm projects quarterly revenue of $10.9 billion, compared to $9.92 billion a year earlier, according to data from Benzinga Pro.On Jan. 17, Barclays analyst Tom O’Malley maintained Qualcomm with an Overweight rating and lowered the price ...

Chinese artificial intelligence (AI) start-up DeepSeek sent shares of major technology companies into a tailspin after it revealed a highly cost-effective AI model that was trained using limited resources but is competent enough to match the performance of more powerful and expensive models from the likes of OpenAI.Of course, there are concerns about the veracity of the claims that DeepSeek is making about the costs incurred to train its AI model as well as the type of chips it has access to. But it cannot ...

Qualcomm Incorporated (QCOM) is scheduled to report first-quarter fiscal 2025 earnings on Feb. 5, 2025. The Zacks Consensus Estimate for revenues and earnings is pegged at $10.92 billion and $2.93 per share, respectively. Earnings estimates for QCOM have improved from $11.17 per share to $11.21 for fiscal 2025 and from $12.23 per share to $12.32 for fiscal 2026 over the past 30 days.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.QCOM Estimate TrendImage Source: Zacks Investment Resea ...

Analysts on Wall Street project that Qualcomm (QCOM) will announce quarterly earnings of $2.93 per share in its forthcoming report, representing an increase of 6.6% year over year. Revenues are projected to reach $10.92 billion, increasing 9.9% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 0.9% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this tim ...